Domestic demand is weak. Everything is rely on China. Mahathir doesn't realise this. On economy chapter he is still very much old school, outdated and cannot cope with the current world economy dynamics.
The economy minister is not the right candidate. This person spend too much time for personal political gain. Plotting for second Kajang move a.k.a PD move?
Finance minister and the special officer Tony don't have real successful business experience. All they do is slash here slash there to cut down the debt without considering the economical chain effects.
The only bright side of the new government is MACC performance and achievement. :)))
I must say that the 3rd national car is a shitty idea.
Korea economy is not rely on automobile industry alone but hand phone and drama. Long hours watching of Korean drama is some sort of brainwashing advertisement. It makes the audience more receptive to Korean culture and products. Hong Kong was once one of the economy rely on film industry. But for Malaysia, this method is not applicable. There are certain members of the society being poisoned by religious extremism and racism; filming is a sinful industry.
In my opinion,ECRL downsized a bit difficult in getting cccc's concensus to proceed as accordingly said more than 10% of the work already completed and also materials might had been purchased/standby. I have a feeling the continuation of ECRL may act as a driver for FGV price to shoot up.
another reason why palm oil price is depressed is because indonesia is selling at much cheaper price to the big importers like china and india..so china are taking from them instead of msia..
so in a way we are screwed....
this wont happen if msia and indo has agreement to control their outputs so that the price is not so depressed..
if fgv converts all their land to durian plantations... maybe the price of durian will be depressed.. and durian cant keep for long...and can spoil fast..
so i think felda shouldnt limit themselves to just plant palm oil.. this is not like in the 70s or 90s..now we have trade wars, barriers, tariffs, blocked..etc they should look for growing other crops that can fetch higher values..
Agreed. But PM is not thinking this way. PM is proposing to downsize the ECRL which i think chances is very slim in order to avoid the cancellation and consequence of penalty which is very heavy.
FGV have plenty of room for diversification from argricultural to manufacturing businesses. The are versatile despite the poor management and corruption before. Those are the days. The new FGV is coming onto place. Foresee will be a better tomorrow for FGV
Hopefully they don't do the stupid thing by using money from right pocket to support the shares price on left pocket. That is stupid. Money as the most important resource of a company must be used to generate more money. Not supporting shares price. Don't prolong the stupidity of the previous government. :)))
tahun nie semua hantar hamper buah sait yeah!... nampak cantik sekali... boleh taruk kat luar rumah, kat bilik, paling best taruk kat dapur! minyak sawit tulen dan segar!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Muarmali
1,186 posts
Posted by Muarmali > 2019-01-03 11:33 | Report Abuse
One of the Mahathirism is big time bail out. :)))